Multiple Choice
Transaction in which currencies to be exchanged the next day of the transaction is known as
A) value today
B) ready transaction
C) spot transaction
D) value tomorrow
Correct Answer:
Verified
Correct Answer:
Verified
Q10: In a system of managed float there
Q11: Trading in foreign exchange has become fast
Q12: Under managed float, the central bank of
Q13: The provision of foreign bills of exchange
Q14: Transaction in which exchange of currencies take
Q16: India has adipted -------Exchange rate system.<br>A)Fixed<br>B)Flexible<br>C)Managed<br>D)Stable
Q17: -------is done to overcome uncertainties.<br>A)Arbitrage<br>B)Hedging<br>C)speculation<br>D)locking
Q18: The currency used for international transactions irrespective
Q19: -------is the opposite of hedging.<br>A)Arbitrage<br>B)locking<br>C)speculation<br>D)blocking
Q20: Pick out the feature which is not